tv President Pushes Tax Reform Proposal in North Dakota Visit CSPAN September 8, 2017 4:44pm-5:22pm EDT
problems we're facing. is still by political leaders. >> patent examining the issue of mass incarceration. >> day prison system as big as ours? despite we'll have 5% of the world's population. there were a lot of stories out there we're not telling. we have to get those stories out to see the damage
. >> with the new age of american prosperity are the crushing tax burden the taxes are crazy. highest taxation and royalty will turn that wound -- around. [applause] once in a generation in an opportunity and i am honored to be delayed of those fantastic leaders to share this goal with us. senator? data.
great people and they work hard. and then you see that with what is happening. nobody can get anything from congress need support. everybody says what you doing up there? [applause] they're all in good company together. in to make it the best place in the world we love our country we love our people
to have the great friend than the true american visionary who was treated thousands of jobs in north dakota and all over the country and a friend of mine from the beginning he said i should do this absolutely you have to do and. come hear carol. [applause] thousands and thousands of jobs. harold was a little late i've been he won a super bowl? in the you know,
to embrace american industry even to attacks and regulate those out of existence you know, what has happened a big difference new jobs and new hope because of the vast energy wealth brought to life. nobody has the right to shut down energy production so it belongs to the people. [applause] >> so with that north dakota energy miracle and with that
she is so good she wanted to make the trip she said daddy can i go with you? i said yes you can. where you going? north dakota. >> hello north dakota. this is always of pleasure to be back here we like sharing the love. >> she means it. moving at a record pace to eliminate the barriers you have seen so many jobs one
job kelly in regulation after another we have lifted those restrictions on energy of all types. canceled restrictions of oil and natural gas. into refocus on the core mission of clean air and clean water. clean air. and with crystal clean water. to protect american industry and workers from that job chilling report.
and write darr accessed pipeline is finally open for business. [cheers and applause] >> was elected politician would have done that? they would have stayed so far away and i did that immediately. and what is now flowing beautifully. we opened it despite so many people on the other side calling and asking for this not to happen. they didn't know they just didn't want that to happen. also with keystone.
with the first couple of days in office 48,000 jobs it is environmentally better so keep being my promises i just do what is right i don't think about it i just do what is right. [applause] we see the results all across the country with unemployment is near with african-american unemployment is at its lowest point since the turn of the millennium. optimism among manufacturers at an all-time high purpose of the nine very proud of the companies are moving back into ohio and michigan
they are moving back that isn't happening that way but that would be more and more so hard to believe i have to do cut through red tape they have it set. ameritech is back and ride on track where it should be day after day after day with a certain areas to give notice of 90 days before you can touch enact or executive order then have to wait another 30 days then 90 days paul those are coming up and
soon they will see even more. the nimby will have sensible regulation but that does not take off but that's is extremely complicated and burdensome new with that of come back. here is millions of american jobs. billions of dollars wasted on paperwork can noncompliance the tax code is the giant self-inflicted wound.
the economy has grown only around 2 percent. some say less than half. they were unhappy seven or eight points of growth they said the country is very big damn hard to grow. and i have relationships with the leaders of these countries. so gdp is 7%. if you look at our number reversed got in nobody even talks about a.
3% gdp. [applause] that had to do with cutting regulation and optimism is people start businesses they have now idea they would start one year ago. all the 1.we have a long way to go. 12 million new jobs of new economic activity. [applause] going of four or five or six% see what happens. there were all smiling at 3%.
we hit the numbers faster than i thought that we hit that last quarter. to renewed prosperity if with establishing our economic dominance and the pro-growth pro-family and pro american. in the body that will blow out with their north dakota anyone else you have to get them out of office because it is so bad. [applause] this is not close. mony administration is working with congress to deliver more jobs with higher pay and lower taxes for businesses of all sizes
all across the nation. middle income families at every level the tax plan represents a sharp reversal from the failed policy of the past. high tax rates punish companies for doing business in america and encourages them to move to other countries. it even happened here with into mexico and other places routinely. we have stopped that there has to be a price to pay when they let our people go and they can sell the product back into the usa that is why you were seeing a big change washington and has pulled industry offshore
to lay off the workers in the process. my administration to embrace a new model it is the american model. [applause] under that model we are reducing the of burdens as long as they do business in our country and with american workers to help rebuild the american cities this is how we will all succeed and grow together with one american family we
will get into great detail over the next two weeks coming up with exacting numbers but first we need a tax code that is easy to understand. [applause] it has done ridiculously complex with wasted time and wasted money today the average taxpayer has to wade through 241 pages of instructions to file a basic tax form. a staggering 94 percent of those families need professional help to do taxes that is why the tax
preparation in industry generated $10 billion of revenue last year. h&r block will not be supporting donald trump. [laughter] spending $6 billion each year complying with the tax code why we are proposing dramatic tax simplification under our plan 95 percent of americans on a single page to track endless paperwork to give hard-working americans to give them the money back. [applause]
second, we will cut taxes for middle-class families this is a major tax cut the biggest since ronald reagan. [applause] the pipefitters and plovers sanders news and police officers all the people like you with those oilfields of america to carry the station on your back and it is time to get the relief that you deserve. is busy enough. [applause] that is why our tax plan will allow them to keep more of their own money.
>> our plan will provide tax relief to businesses of all sizes, and we will cut the business tax rate as much as possible. ideally, we would like to bring our business tax rate down to around 15%. that's a tremendous drop. [applause] all told, it'll be the greatest tax reduction in the history of our country, greater than ever before, so that's going to be
something. you will see a rocket ship. you will see something happen like you've never seen. but we'll also dramatically reduce the tax rate for america's small businesses which have created more than 60% of the new private sector jobs in the recent past. tax relief is on the way for millions of sole proprietors, llcs and partnerships who report their income to their personal -- and they do this, they put it on their personal tax returns. people think of it as a business, but it's on their personal tax returns. those people with those businesses will be tremendous beneficiaries. [applause] sounds like many of you have those businesses. tax reform will also benefit mid-sized businesses like north dakota guarantee and title company in mandon. you know that company, anybody? [applause] president nick hacker, where's nick hacker?
hello, nick. [applause] how are you, nick? how's business, all right? getting better off the time. all the time. he says he spends a fortune on accountants to navigate our complicated tax system. we know the feeling. everybody here knows the feeling. like millions of other american businesses, he would much rather spend that money on higher wages for his 140 employees. workers in energy sector -- thank you. you have a lot of friends here, nick. [laughter] the workers in the energy sector will benefit enormously as well. north dakota state senator jessica unrue -- where's jessica? where's jessica? [applause] hello, jessica. congratulations. doing a good job, right? that's what i hear. who's also an environmental specialist, says lower business taxes will be a catalyst for energy companies to hire countless of new american workers. so important.
we'll also protect small businesses and family farmers here in north dakota and across the country by ending the death tax. [cheers and applause] tremendous burden for the family farmer. tremendous burden. >> [inaudible] >> thank you. appreciate it. but a tremendous burden for small businesses and businesses that aren't necessarily liquid, but they're great business z -- businesses where you're forced to sell and terrible things happen. here with us today is julie ellingson, a fourth generation cattle rancher and a mother of five from bismarck. where is julie? hello, julie. [applause] like many family ranches, julie worries about the death tax shutting down her family business and keeping her from
passing it on to her children. it's a devastating tax. julie, we are not going to allow the death tax or the inheritance tax or whatever you want to call it to crush the american dream. not going to let it happen, so -- [applause] fighting hard. [applause] thank you, julie. ronald reagan proved that cutting taxes on american businesses helps american workers win in the world marketplace. when president reagan lowered taxes, american businesses beat out our foreign competition. our economy boomed, the middle class thrived, and median family income increased. but then washington stood by while other countries adopted our playbook. but they did it even better than us. they lowered their tax rates and reformed their tax systems to be more competitive, substantially,
than that of the united states of america. and america went from leading the pack to following way behind. now our business tax rate is the highest in the developed world, 60% higher than our foreign competitors. pretty bad. puts us at a big disadvantage. we're behind france, behind germany, behind canada, japan, ireland, mexico, behind south korea. we're dead last. our high business tax is nothing more than a crushing tax on every product made in america. we have totally surrenderedded our competitive edge -- surrenderedded our competitive edge to other countries, but we're not surrendering anymore. [applause] we're going to reduce the tax rate on american business so they can keep our jobs in america, create johns in
america -- jobs in america and compete for workers right here in america, meaning higher wages for workers and greater profits for companies. [applause] it's finally time to give the american worker a pay a raise. a pay raise. it's what we're going to do. [applause] and finally, we must bring back trillions of dollars in wealth that's parked overseas and and just can't come back. our tax system penalizes companies that bring wealth they have earned overseas back to america. as a result, corporations have parked trillions of dollars in foreign countries, money that could be -- and should be -- brought back into the united states where it can be invested in american companies, in american jobs and american workers. our tax plan will give these companies a chance to bring back these funds and bring 'em back
and spend it in cities and towns all across our country. the numbers you're talking about are staggering. [applause] the numbers we're talking about are probably between $3.5-$5 trillion that cannot come back -- and think of to it, the democrats want it to come back, the republicans want it to come back. they have for years and nothing gets done. we're going to get it done. [applause] we're going to be switching from a worldwide tax system that encourages companies to keep their funds offshore to a territorial system that encourages companies to bring their profits back home to america where that money belongs. it is our time to invest in our country. we want to build our communities, and we want to
build beautiful new ones, and we want to rebuild the old ones. and we want to hire -- and you may have heard the term once or twice before. the fact is we want to just like that beautiful man's hat, we want to make america great again. good hat. [applause] there is a once-in-a-generation opportunity to reform taxes, rebuild our economy and restore america's competitive edge. history has proven time and time again that there is no power on earth more awesome and unstoppable than the will of the american people. you saw that on november 3th, believe -- november 8th, believe me. you saw that on november 8th. [applause] if you demand it and if you call up people in congress -- good people, sometimes maybe not the right intention, but good people -- congress will deliver
on it because they have no choice. see, if you call your congressmen, you have to call your senates, you have of to make sure that they do what they have to do. and believe me, we haven't given up on health care. we haven't given up on health care. we never give up. [applause] one vote. one vote. think of it. one vote. terrible. terrible situation took place that night. we can't let that happen again. we cannot let that happen again. but we'll get it done one way or the other. but only if you demand it. only if you, the american people, tell congress to stop putting party first and start putting america first. [applause] only then will it happen. [cheers and applause] you can remind them that both of the reagan tax cuts were passed
by a democratic majority in the house, a democratic speaker and a vast majority of democrats in the senate including a democratic senator from the great state of north dakota. so it can happen. [applause] you listening, heidi? yes, heidi's listening. [laughter] [applause] yes, she heard that. [cheers and applause] thank you, heidi. we're not going to put her on the spot. i'm not putting her on the spot. [laughter] if democrats don't want to bring back your jobs, cut your taxes, raise your pay and help america win, voters should deliver a clear message: do your job to deliver for america or find a new job. do something else. just do something else. [cheers and applause] i'm asking all americans -- republican, democrat and independent -- to join with me, with each other to demand tax
cuts and tax reform that will put america first. we're going to put america first. it's time. [applause] we no longer have to accept a tax code that lets special interests win at the expense of the middle class. we no longer have to accept a rigged system. you know all about rigged systems. we talked about that plenty of times in the campaign. do you think anything's so different? but we're going to make it different. we're going to get that straightened out too. that rewards companies for shipping jobs overseas and punishes them for investing in america. they actually get punished under the tax code for investing in our country. it's going to all change. we can heal the self-inflicted wound, and we can reestablish our economic dominance all over the world. we can give our workers the level playing field they
deserve, and they will win because if the fight is fair, no one on earth can beat the american worker or the american company. nobody. nobody. [applause] when we do, store sales all across this country, those shelves are going to be so packed. all around the world will be lined once again with products proudly bearing the words "made in the usa." so do you remember when we're growing up, it was either made in america or made in the usa. what do you like better, ready? made in america? made in the usa? what do you like? [cheers and applause] >> you like made in the usa? seems to be. we should pick one or the other probably. [laughter] but we want to have one or the other. i think made in the usa, right? [applause]
made in the usa. there was such pride in that label, such incredible pride, and it's come back again -- coming back again, believe me. because the quality of what we do is second to none. if america comes together, if the people speak with one voice, we will bring back our jobs, we will bring back our wealth. and for every citizen across our great land, we will bring back the american dream. bring it back. i want to thank the people of south north dakota who have been so incredible to me. i have so many friends here, i have so many people that i respect from this incredible state. i want to thank you. i want to say god bless you, god bless the american worker and god bless the united states of america, and i appreciate you being out hered today. thank you -- out here today. thank you. thank you. thank you, folks. [cheers and applause] ♪ ♪
♪ ♪ >> here's a look at our prime time schedule on the c-span networks. starting at 8 p.m. eastern, a profile interview with david shulkin. on c-span2, former american diplomats to afghanistan discuss the future of u.s. strategy in that country. and on c-span3, state insurance commissioners discuss their recommendations to stabilize individual health insurance markets while lowering costs. >> leo shane joins us to talk about the upcoming debate on defense programs in the senate, and leo, it sounds like debate will be led by the chair of the armed services committee, john